Amazon's B2B Segment Sleeper, BOPIS Powering Big Lots, Fashion Pop Culture, Agencies See In-House Fading, Spirits and Beer Outpace Wine in UK, Dark Spaces
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Amazon's B2B segment could be the e-tailer's most lucrative business
Amazon's business-to-business e-commerce marketplace is estimated to bring in $52 billion in sales and $31 billion in revenue in 2023.
This would represent a steep increase for the segment, which offers a marketplace for firms along with other business-focused products and tools, considering Amazon Business recorded over $10 billion in annualized sales as of September 2018.
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How BOPIS brought Big Lots' e-commerce into the black
In August, Big Lots' CEO thought the retailer's fledgling e-commerce offering would reach profitability sometime after 2019. BOPIS changed the math.
Big Lots' e-commerce business achieved profitability ahead of the company's projections thanks to an enthusiastic response to the retailer's relatively new buy online, pickup in-store program (BOPIS), executives said on a Friday earnings call .
We're looking at smart ways to minimize cost of delivery and make it more easy for [the customer]," Big Lots CEO Bruce Thorn said on the call.
The Museum at FIT tackles one of the most complicated sartorial subjects: power dressing.
There are 70 pieces on display from the museum’s permanent collection, among them MAGA caps and pussy hats; T-shirts from the Women’s March and the Black Lives Matter movement; and the shrunken Thom Browne suit worn by LeBron James during the 2018 NBA playoffs.
Other items include an American flag jumpsuit and cowboy hat from the politically charged fall 2018 Pyer Moss collection; formalwear from the 18th century; the DHL Vetements tee; and Jean Paul Gaultier’s iconic cone bra corset.
Let them try it': Agency execs see the in-house marketing trend fading - Digiday
Last year, marketers taking agency capabilities in-house elicited feelings of fear and trepidation among ad agencies.
“These days when I hear a client wants to take things in-house, I sit back and laugh,” said one gleeful head of media at a global holding company agency over breakfast last week.
The business was built for a different reality, one focused on large scale, mostly TV campaigns, and not for the digital media age, which requires more speed, more agility and more execution.
Spirits and beer to outpace wine in UK e-commerce
Almost half of UK consumers buy alcohol online at least once a week with sales of spirits and beer predicted to outpace wine over the next five years, according to a new study
Almost half of UK consumers buy alcohol online at least once a week with sales of spirits and beer predicted to outpace wine over the next five years, according to a new study.
The analyst also said the e-commerce sector is “continuously going through innovation and development”, citing retail giant Amazon’s recent move into own-label spirits as an example.
Beyond the sales floor: Dark spaces are becoming more common inside retailers | Modern Retail
Retailers are increasingly trying to utilize the assets they have to facilitate more omnichannel growth. To do this, they are employing ‘dark spaces.’ While the concept is not new…
For the most part this micro-fulfillment is mostly relegated to grocery — brands that are upping their online delivery services but don’t have the bandwidth to build out new facilities to hold stock — but it’s likely to increase to other big stores soon.
While building out quick home delivery is certainly expensive, other programs — like curbside and buy online pickup in store — provide ways for the companies to better service their customers.